Elliot Wave Analysis by SolidECN Experts

[Solid ECN]

On the daily chart, the third wave of the higher level 3 of (1) develops, within which the fifth wave v of 3 develops. Now, the third wave of the lower level (iii) of v has formed.

If the assumption is correct, after the end of the local correction as the fourth wave (iv) v, the pair will grow to the levels of 128.5 - 130. In this scenario, critical stop loss level is 122.63.

 

[SOLIDECN]

On the daily chart, the upward wave of the higher level А formed, and a downward correction develops as the wave B. Now, the wave (А) of B has formed, and an upward correction of the lower level has started to develop as the wave (B) of B, within which the wave A of (B) is forming.

If the assumption is correct, the price will grow to the levels of 199.6 - 224.05. In this scenario, critical stop loss level is 91.05.

 

[Solid ECN]

On the daily chart, the first wave of the higher level (1) of C developed, and a downward correction forms as the wave (2) of C. Now, the wave of the lower level A of (2) has formed, the wave B of (2) has developed, and the formation of the wave C of (2) has started.

If the assumption is correct, the pair will fall to the levels of 0.6742 - 0.6446. In this scenario, critical stop loss level is 0.7663.​

 

[Solid ECN]

On the daily chart, the first wave of the higher level (1) of 5 forms, within which the wave 3 of (1) develops. Now, the first wave of the lower level i of 3 has formed, a local correction has ended as the second wave ii of 3, and the development of the third wave iii of 3 has started.

If the assumption is correct, the pair will grow to the levels of 1.32 - 1.341. In this scenario, critical stop loss level is 1.2401.

 

[Solid ECN]

On the daily chart, the first downward wave of the higher level (1) of 3 formed, and an upward correction developed as the second wave (2) of 3. Now, the wave C of (2) has formed, within which the fifth wave of the lower level v of C has ended.

If the assumption is correct, the pair will fall within the wave (3) to the levels of 0.9014 - 0.8916. In this scenario, critical stop loss level is 0.9533.

 

[Solid ECN]

On the daily chart, a downward correction of the higher level develops as the second wave (2), within which the wave C of (2) forms. Now, the third wave of the lower level iii of C is developing, within which the wave (i) of iii has formed, a local correction has ended as the wave (ii) of iii, and the wave (iii) of iii is forming.

If the assumption is correct, the price will fall to the levels of $38 - $31.5. In this scenario, critical stop loss level is $52.6.

[/JUSTIFY]

 

[Solid ECN]

On the daily chart, the downwards third wave of the higher level 3 of (C) forms, within which the wave iii of 3 formed. Now, a local correction has formed as the fourth wave iv of 3, and the fifth wave v of 3 is developing, within which the wave of the lower level (iii) of v has formed.

If the assumption is correct, after the end of the wave (iv) of v the price will fall to the levels of $17 - $14. In this scenario, critical stop loss level is $24.28

 

[Solid ECN]

Walt Disney Co, the price may fall.​

On the daily chart, the wave A of the higher level developed, and a downward correction forms as the wave B, within which the wave (А) of B develops. Now, the fifth wave of the lower level 5 of (А) is forming, within which a local correction has ended as the wave ii of 5, and the third wave iii of 5 is developing.

If the assumption is correct, the price will fall to the levels of 102.55–80.00. In this scenario, critical stop loss level is 144.40.

​

 

[Solid ECN]

On the daily chart, the wave and of the higher level formed, and a downward correction develops as the wave B. Now, the wave (А) of B has formed, the correction (B) of B has developed, and the wave (C) of B is forming, within which the first wave of the lower level 1 of (C) has formed.

If the assumption is correct, after the end of the wave 2 of (C) the price will fall to the levels of 165.8 - 83.8The . In this scenario, critical stop loss level is 325.85.

 

[SOLIDECN]

On the daily chart, there is a global downward correction, in which the wave of the higher level (C) of B is formed and the wave 1 of (C) develops. At the moment, the formation of the fifth wave of the lower level v of 1 of (C) is underway, within which the wave (v) of v of 1 is developing.

If the assumption is correct, the decrease in EURUSD will continue to the levels of 1.05 - 1.035. The level of 1.0941 is critical and stop-loss for this scenario.

[/JUSTIFY]

 

[Solid ECN]

On the daily chart, there is a downward correction as wave (2), within which wave A of (2) has formed, the development of a local correction as wave B of (2) has completed, and wave C of (2) is developing. At the moment, the fifth wave of the lower level v of C is forming, as part of which wave (iii) of C is developing.

If the assumption is correct, the decrease in GBPUSD will continue to the levels of 1.2500–1.2243. The level of 1.3081 is critical and stop-loss for this scenario.

 

[Solid ECN]

On the daily chart, the development of the first wave of the higher level (1) of C has completed and a downward correction as wave (2) of C continues to be formed. At the moment, the wave of the lower level A of (2) is clearly observed; in addition, the development of wave B of (2) has ended and the formation of wave C of (2) has begun, in which wave i of C develops
.
If the assumption is correct, the pair will fall to the levels of 0.6742–0.6446. The level of 0.7653 is critical and stop-loss for this scenario.

 

[Solid ECN]

On the daily chart, the third wave of the higher level 3 of (1) is developing, within which the fifth wave v of 3 is developing. At the moment, the third wave of the lower level (iii) of v has been built, the correctional wave (iv) of v has completed and the wave (v) of v is developing.

If the assumption is correct, USDJPY will continue its uptrend towards 135 - 138.5. The level of 126.82 is critical and stop-loss for this scenario.

 

[Solid ECN]

On the daily chart, there is a global downward correction, in which the wave of the higher level (C) of B is formed and the wave 1 of (C) develops. At the moment, the formation of the fifth wave of the lower level v of 1 of (C) is underway, within which the wave (v) of v of 1 is developing.

If the assumption is correct, the decrease in EURUSD will continue to the levels of 1.035 - 1.025. The level of 1.0941 is critical and stop-loss for this scenario.

 

[Solid ECN]

On the daily chart, there is a downward correction as wave (2), within which wave A of (2) has formed, the development of a local correction as wave B of (2) has completed, and wave C of (2) is developing. At the moment, the fifth wave of the lower level v of C is developing, in which wave (iii) of C has formed.

If the assumption is correct, the decrease in GBPUSD will continue to the levels of 1.2243 - 1.2081. The level of 1.2867 is critical and stop-loss for this scenario.

 

[SOLIDECN]

The price may rise.
On the daily chart, the third wave of the higher level 3 of (1) is being constructed, within which the fifth wave v of 3 is developing. At the moment, the third wave of the lower level (iii) of v has been formed, the correctional wave (iv) of v has completed and the wave (v) of v is developing.

If the assumption is correct, USDJPY will continue its uptrend towards 135 - 138.5. The level of 126.82 is critical and stop-loss for this scenario.

 

[SOLIDECN]

The price may rise.​

On the daily chart, the ascending wave of the higher level A was formed and the downward correction as wave B is developing. At the moment, the formation of wave (A) of B in the form of an impetus has completed, in which the fifth wave of the lower level 5 of (A) has completed.

If the assumption is correct, the movement of quotations in the wave (B) of B to the levels of 194.9 - 221.27 is likely. The level of 81.5 is critical and stop-loss for this scenario.

 

[SOLIDECN]

Bank of America, the price may fall.​

On the daily chart, the formation of the first wave of the higher level 1 has completed and a downward correction is developing as the second wave 2. At the moment, the formation of the wave (A) of 2 continues, in which the fifth wave of the lower level 5 of (A) develops.

If the assumption is right, the fall of the pair will continue to the levels of 32 - 26.32. The level of 40.3 is critical and stop-loss for this scenario.

 

[Solid ECN]

The probability of the pair reduction remains.
On the daily chart, the development of the first wave of the higher level (1) of C has completed and a downward correction as wave (2) of C continues to be formed. At the moment, the wave of the lower level A of (2) is clearly observed; in addition, the development of wave B of (2) has ended and wave C of (2) is forming, in which wave i of C is developing.

If the assumption is correct, the pair will fall to the levels of 0.6742 - 0.6446. The level of 0.7456 is critical and stop-loss for this scenario.

 

[Solid ECN]

The asset is in correction; the probability of fall is maintained.
On the daily chart, the development of the third wave of the higher level 3 was completed and the development of a downward correction as the wave 4 continues. At the moment there is a formation of the wave (A) of 4, which included the third wave of the lower level 3 of (A).

If the assumption is correct, after the wave 4 of (A) is complete, the decline of the price will continue to the levels of 101 - 83.18. The level of 144.05 is critical and stop-loss for this scenario.